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| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CPA Clear Point Advisors Inc. Clear Point Advisors Inc. | 28,968 | $641,351.52 | $657,283.92 | $15,932.4 | 2.48% |
| NASDAQ (NMS) Exchange | US Country |
The fund is an investment vehicle designed to track the performance of the U.S. food and beverage sector. It commits at least 90% of its net assets, including any borrowed investment funds, into securities that make up the underlying index. This index is specifically curated to represent leading companies within the food and beverage industry, based on liquidity and ranking criteria. Despite its focused investment strategy, it is important to note that the fund is non-diversified. This means that it concentrates its investments more narrowly than diversified funds, potentially increasing its volatility and risk.
The fund invests primarily in securities that are part of the underlying index representing the U.S. food and beverage sector. This includes a wide range of companies, from producers of raw food materials to processors and retailers. The aim is to provide investors with exposure to the economic performance of this sector, leveraging the liquidity and ranking of selected companies to potentially offer steady growth or returns.
By focusing on the food and beverage sector within the U.S., the fund offers a specialized investment opportunity. This sector is essential for everyday life and can provide a stable investment base, considering people's constant need for food and drink products. Such exposure may offer investors a way to tap into the ongoing demand in this market, which can be less volatile compared to other sectors during economic fluctuations.